reid to, quote: f himself twice after reid had said boehner was running the house like a dictatorship and said boehner was essentially more worried about keeping his own job than trying to strike a deal. so much for the christmas cheer. jon? >> jon: it didn't last long. thank you, mike. mike emanuel, thank you. the future of those spending cuts may be up in the air. for now at least wall street is cheering big time. the dow soared more than 300 points to close above 13,400. that is the biggest one day spike since december of 2011. the nasdaq jumped 93. the s&p gained 36. team fox coverage continues with gerri willis from the fox business network now. gerri, these were broad gains among lots of different types of stocks. >> you bet. and the one you didn't mention, the small cap index posted its highest levels ever. so big gains for stocks. what was going on? well, stocks had been trading on uncertainty. we didn't know what tax rates were going to be. we didn't know what spending was going to be. with that confusion gone, stocks rose and rose dramatically. i have got to tell you here th